Signaturefd LLC Has $26,000 Stock Holdings in Gentherm Incorporated (NASDAQ:THRM)

Signaturefd LLC boosted its position in Gentherm Incorporated (NASDAQ:THRM) by 233.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 661 shares of the auto parts company’s stock after purchasing an additional 463 shares during the period. Signaturefd LLC’s holdings in Gentherm were worth $26,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Disciplined Growth Investors Inc. MN lifted its position in shares of Gentherm by 2.0% in the third quarter. Disciplined Growth Investors Inc. MN now owns 1,169,671 shares of the auto parts company’s stock valued at $54,448,000 after buying an additional 23,051 shares during the last quarter. Global Alpha Capital Management Ltd. raised its stake in Gentherm by 23.8% in the 4th quarter. Global Alpha Capital Management Ltd. now owns 782,983 shares of the auto parts company’s stock valued at $31,261,000 after acquiring an additional 150,310 shares during the period. FMR LLC raised its stake in Gentherm by 26.8% in the 3rd quarter. FMR LLC now owns 507,598 shares of the auto parts company’s stock valued at $23,629,000 after acquiring an additional 107,322 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Gentherm by 5.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 486,565 shares of the auto parts company’s stock valued at $19,426,000 after purchasing an additional 25,736 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in Gentherm by 9.2% during the third quarter. Rockefeller Capital Management L.P. now owns 443,715 shares of the auto parts company’s stock worth $20,659,000 after purchasing an additional 37,215 shares during the period. Institutional investors own 97.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on THRM shares. StockNews.com lowered shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 26th. Robert W. Baird lowered their price target on shares of Gentherm from $44.00 to $39.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Gentherm from $56.00 to $51.00 and set a “neutral” rating for the company in a research report on Monday, January 27th.

Gentherm Stock Down 0.9 %

THRM stock opened at $31.02 on Wednesday. Gentherm Incorporated has a fifty-two week low of $29.70 and a fifty-two week high of $57.96. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.01 and a quick ratio of 1.38. The stock has a market capitalization of $955.07 million, a price-to-earnings ratio of 14.99 and a beta of 1.45. The business’s fifty day moving average price is $34.98 and its two-hundred day moving average price is $39.92.

Gentherm (NASDAQ:THRM) last released its quarterly earnings results on Wednesday, February 19th. The auto parts company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.39). The business had revenue of $352.91 million for the quarter, compared to the consensus estimate of $360.29 million. Gentherm had a return on equity of 11.43% and a net margin of 4.46%. Gentherm’s revenue was down 3.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.90 earnings per share. On average, equities analysts anticipate that Gentherm Incorporated will post 3.1 earnings per share for the current year.

Gentherm Company Profile

Gentherm Incorporated designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally. The company operates in two segments, Automotive and Medical. The Automotive segment offers climate comfort systems, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units; and other climate comfort systems, including neck and shoulder conditioners and climate control system products for door panels, armrests, cupholders, and storage bins.